Over 400 organisations have signed the New Plastics Economy Global Commitment

18-06-19

More major companies have signed the New Plastics Economy Global Commitment, including Keurig Dr Pepper, Tupperware Brands, Graham Packaging (a Reynolds Group company), and Berry Global, Inc. Their targets and ambitions can be found in the updated June 2019 Report published today. Launched in October 2018, the Global Commitment has quickly become the essential agreement to transform the plastic packaging sector.

The recycled content targets from consumer packaged goods companies, retailers, and packaging producers amount to a demand of 5.4 million tonnes of recycled plastics by 2025 (with several companies still to set their 2025 targets)

Leading businesses and governments will stop using problematic and unnecessary plastic packaging including PVC, single-use plastic straws, and carrier bags - many by the end of this year

Consumer goods companies and retailers commit to increasing recycled content in their packaging to an average of 25% by 2025, compared with the current global average of just 2%

The next milestone will be the reporting of the progress of signatories against their commitments, detailing the actions that over 200 business and government signatories have taken to move forward and meet their commitments. This reporting will include key data such as the volumes of plastic packaging, and the proportion of recycled content and will mark an important step towards greater transparency in today’s plastic system.

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The Ellen MacArthur Foundation works in Education & Training, Business & Government, Insight & Analysis, Systemic Initiatives and Communications to accelerate the transition to a circular economy.

The New Plastics Economy is an initiative to build momentum towards a plastics system that works. Applying the principles of the circular economy, it brings together key stakeholders to rethink and redesign the future of plastics, starting with packaging.